The Manufacturers Life Insurance Company Has $65.45 Million Stock Position in Dominion Energy Inc. $D

The Manufacturers Life Insurance Company lowered its position in Dominion Energy Inc. (NYSE:D) by 5.0% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,058,726 shares of the utilities provider’s stock after selling 55,536 shares during the quarter. The Manufacturers Life Insurance Company’s holdings in Dominion Energy were worth $65,450,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the company. Motiv8 Investments LLC bought a new stake in shares of Dominion Energy in the 4th quarter valued at approximately $25,000. Blueline Advisors LLC acquired a new stake in Dominion Energy in the fourth quarter valued at approximately $28,000. Triumph Capital Management bought a new stake in Dominion Energy in the third quarter worth approximately $28,000. Costello Asset Management INC increased its stake in shares of Dominion Energy by 66.7% during the 4th quarter. Costello Asset Management INC now owns 500 shares of the utilities provider’s stock worth $29,000 after purchasing an additional 200 shares during the last quarter. Finally, Advocate Investing Services LLC acquired a new position in shares of Dominion Energy during the 4th quarter worth $29,000. 73.04% of the stock is currently owned by institutional investors and hedge funds.

Key Dominion Energy News

Here are the key news stories impacting Dominion Energy this week:

• Positive Sentiment: New gas-fired generation could support future growth. Dominion plans to build a natural-gas power plant at its Mt. Storm facility in West Virginia. The project is intended to serve Virginia customers and the PJM grid, potentially helping meet rising electricity demand from data centers and supporting long-term rate-base growth. Dominion Energy to build new gas fired power plant at Mt. Storm
• Positive Sentiment: Dominion maintained its dividend. The board declared a quarterly dividend of $0.6675 per share, payable September 20 to shareholders of record September 4. The payment represents an annualized yield of approximately 3.8% and marks the 394th consecutive dividend paid by Dominion or its predecessor, reinforcing the stock’s income appeal. Dominion Energy Declares Quarterly Dividend of 66.75 Cents
• Neutral Sentiment: Power-demand growth remains a key catalyst, but second-quarter results are still ahead. Analysts expect Dominion’s upcoming earnings to benefit from higher revenue expectations, approved rates and load growth, while operating costs could weigh on results. The company’s existing 2026 EPS guidance is $3.45-$3.69. Dominion Energy to Report Q2 Earnings
• Negative Sentiment: The proposed NextEra Energy combination faces additional scrutiny. New review and criticism surrounding the merger could delay approval, raise execution risk or reduce the certainty of the roughly $67 billion transaction. Because the deal is central to Dominion’s strategic outlook, investors may be cautious until regulatory and community concerns are resolved. Dominion merger review draws new scrutiny
• Negative Sentiment: Local opposition could complicate data-center-related expansion. Fairfax County residents challenged Dominion’s proposal tied to growing data-center demand, highlighting potential permitting, reliability and cost concerns. Resistance could slow load-growth projects or increase regulatory and infrastructure costs. Residents grill Dominion Energy over Fairfax County data center proposal

Analyst Ratings Changes

Several equities research analysts recently issued reports on D shares. Weiss Ratings raised shares of Dominion Energy from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, May 22nd. Bank of America increased their target price on shares of Dominion Energy from $63.00 to $65.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 15th. Jefferies Financial Group upgraded Dominion Energy from a “hold” rating to a “buy” rating and raised their target price for the company from $65.00 to $76.00 in a report on Thursday, May 28th. Morgan Stanley reduced their price target on Dominion Energy from $69.00 to $68.00 and set an “equal weight” rating for the company in a research report on Tuesday, April 21st. Finally, BMO Capital Markets increased their price objective on Dominion Energy from $64.00 to $70.00 and gave the company a “market perform” rating in a report on Wednesday, July 22nd. Four investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $68.00.

Dominion Energy Price Performance

NYSE D opened at $70.54 on Thursday. The company has a current ratio of 0.78, a quick ratio of 0.61 and a debt-to-equity ratio of 1.38. The company has a fifty day simple moving average of $68.74 and a 200 day simple moving average of $64.69. The company has a market cap of $62.04 billion, a P/E ratio of 20.87 and a beta of 0.65. Dominion Energy Inc. has a 1 year low of $55.85 and a 1 year high of $72.99.

Dominion Energy (NYSE:D) last announced its earnings results on Friday, May 1st. The utilities provider reported $0.95 EPS for the quarter, topping the consensus estimate of $0.90 by $0.05. The firm had revenue of $5.02 billion for the quarter, compared to the consensus estimate of $4.43 billion. Dominion Energy had a net margin of 16.93% and a return on equity of 9.63%. The business’s quarterly revenue was up 23.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.93 EPS. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. On average, sell-side analysts predict that Dominion Energy Inc. will post 3.57 EPS for the current year.

Dominion Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Sunday, September 20th. Stockholders of record on Friday, September 4th will be given a $0.6675 dividend. This represents a $2.67 annualized dividend and a dividend yield of 3.8%. The ex-dividend date of this dividend is Friday, September 4th. Dominion Energy’s dividend payout ratio (DPR) is currently 78.99%.

About Dominion Energy

Dominion Energy, Inc, headquartered in Richmond, Virginia, is a diversified energy company that primarily operates regulated electricity and natural gas utilities and develops energy infrastructure. The company’s core activities include the generation, transmission and distribution of electricity to residential, commercial and industrial customers, as well as the purchase, storage and delivery of natural gas. Dominion combines traditional utility operations with energy infrastructure businesses to provide essential services across its service territories.

Dominion’s electricity portfolio spans multiple technologies and fuel sources, including nuclear, natural gas-fired generation and renewable resources such as utility-scale solar and wind.